Billionaire Shetty steps down from Finablr unit Travelex's board

  • Reuters
  • Stock Market News
Billionaire Shetty steps down from Finablr unit Travelex's board
Credit: © Reuters.

March 18 (Reuters) - Currency service provider Travelex said on Wednesday the UAE-based Indian billionaire B.R. Shetty and two other directors have resigned from its board, days after its owner Finablr FINF.L flagged going concern doubts.

The two other directors of the company, which has been the subject of a crippling ransomware attack earlier this year, who quit are Binay Shetty and Abdulrahman Basaddiq.

B.R. Shetty founded Finablr and hospital operator NMC Health NMC.L , which kicked him off its board in February after coming under fire for its financial statements and some of the shareholdings of its major investors.

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  • Rakesh Prashad @Rakesh Prashad
    Everywhere you see these fcking ind..n involved in corruptiom
    Like 0

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